Grand Capital Group LLC Acquires Multifamily Property In Delray Beach For $13.55M
SOLD
$13,550,000
Florida
See Similar DealsMultiFamily
Sold 01/17/2022
SOLD
Grand Capital Group LLC Acquires Multifamily Property In Delray Beach For $13.55M
1100 Southwest 4th Avenue, Delray Beach, Florida 33444, United States
See Similar DealsMultiFamily
Sold 01/17/2022
Summary
FLORIDA
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 1100 SW 4th Ave in Delray Beach has been sold. The transaction took place on January 17, 2022. The property spans across 4.86 acres in total.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $13,550,000
- Number of Units: 60
- Price per Unit: $225,833
- Buyer: Grand Capital Group LLC
- Seller: B and H Delray LLC
- Brokers: Calum Weaver & Perry Synanidis - Cushman & Wakefield
The buyer, Grand Capital Group LLC, acquired the property from the seller, B and H Delray LLC. The deal was facilitated by brokers Calum Weaver and Perry Synanidis from Cushman & Wakefield.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$722,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$48,140.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$64,233.91
Annual Debt Service$770,806.95
Is there something missing? Send suggestions